InvestCloud names Motive Partners’ Jeff Yabuki as new CEO and chairman
InvestCloud, a US-based global wealth and asset management solutions provider, has appointed Jeff Yabuki as its new chairman and CEO.
Jeff Yabuki, InvestCloud’s new CEO and chairman. Image source: LinkedIn
Yabuki currently serves as chairman and founding partner of Motive Partners, a specialist private equity firm for fintech and tech-led business services companies based in North America and Europe.
He brings nearly four decades of financial services experience to his new role, having previously worked as CEO of Fiserv from 2005 to 2020, and as Fiserv’s chairman from 2019 to 2020. During his tenure, he led the firm through a number of acquisitions and divestitures, including the $22 billion acquisition of First Data Corporation.
Prior to Fiserv, Yabuki was executive vice president and chief operating officer at H&R Block and held various senior leadership positions at American Express. He currently serves as a board member for Royal Bank of Canada, Nasdaq and is chairman of the board for Sportradar Group.
In his new role at InvestCloud, Yabuki has been tasked with leading the company’s strategy and operations, with a focus on client delivery.
“Financial services – and wealth management in particular – is in the early stages of a technology transformation, which we believe will create meaningful opportunities to redefine the future of wealth and asset management,” comments Yabuki. “I believe InvestCloud is well-positioned to partner with its clients to lead this change around the world.”
Founded in 2011 and headquartered in New York, InvestCloud claims to support more than $6 trillion in assets with over 550 clients which includes banks, wealth managers, private banks and asset managers. The company is backed by Motive Capital Management and Clearlake Capital Group, which together, recapitalised the business in 2021.
